Rogers Corp expected to post earnings of $1.14 a share - Earnings Preview

Rogers

25/10/2023 03:01

* Rogers Corp  ROG.N   ROG  is expected to show a fall in
quarterly revenue when it reports  results on October 26. 
    * The Chandler Arizona-based  company is expected to report 
a
4.9% decrease in revenue to $235 million from $247.23 million a
year ago, according to the mean estimate from 2 analysts, based
on Refinitiv data. The company's guidance on August 3 2023, for
the period ended September 30, was for revenue between 230.00
million and 240.00 million.
    * ​Refinitiv's mean analyst estimate for Rogers Corp is for
earnings of $1.14 per share. The company's EPS guidance on
August 3 2023, for the period ended September 30, was between
1.05 and 1.25 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Rogers Corp
is
$210​, above​ its last closing price of $123.26. ​​​

The company's guidance on August 3 2023 for the period ended
September 30 was for gross profit margin between 34% and 35%.
This summary was machine generated October 25 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated